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The Concavity Assumption on Felicities and Asymptotic Dynamics in the RSS Model

✍ Scribed by M. Ali Khan; Adriana Piazza


Publisher
Springer Netherlands
Year
2010
Tongue
English
Weight
451 KB
Volume
19
Category
Article
ISSN
1877-0533

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## Abstract We investigate the direct and long‐run effects of fertility on employment in Europe, estimating dynamic models of labor supply under different assumptions regarding the exogeneity of fertility and modeling assumptions related to initial conditions, unobserved heterogeneity and serial co